My Fintech Empire

After the developer conference ended, it was Saturday, April 29. Chen Yu held another small meeting this morning, and the participants were some of the more important software and hardware manufacturers in the industry.

In the conference room, a software manufacturer boss who attended the meeting said: "Mr. Chen, the new MHAC ecosystem standard is really difficult to deal with. For example, our company's engineers are used to CUDA. To fully embrace MHAC, we need to rewrite all algorithms, models and application codes. The cost is too high, and our engineers almost have to start all over again."

Another participant also nodded repeatedly and said: "Yes, and if you don't use foreign chips, your company's production capacity can't keep up."

At this moment, there are some foreign faces sitting in this conference room, including people sent by NVIDIA. They also appeared in this meeting, and Chen Yu took the initiative to invite them to attend the meeting.

When hearing these words, several foreigners were quite proud.

Previously, America was clamoring to "blacklist" Matrix Quantum again, but it has not done so yet. It's just talk and has not been implemented yet, so Nvidia's people will appear at this meeting, and North American hardware manufacturers can continue to sell products to the Greater China market.

At this time, Chen Yu said with an unquestionable attitude: "I won't say anything polite here. I talked to Mr. Fang about this matter a long time ago, and it is very clear that there will be no room for compromise in the establishment of the MHAC ecosystem. If you want to get a share of the 7 trillion, you have to follow our standards. If you can't get used to it, you can get used to it slowly. The cost of jumping out of the comfort zone now is not too high."

The people at the meeting were speechless for a while. They didn't expect Chen Yu to be so strong, but he did have the confidence. If you don't accept it, you can turn left immediately.

This is his attitude, but turning left basically means being out.

At this moment, everyone is sitting well in their respective seats, and no one wants to turn left.

After a while, Chen Yu turned around and looked at the participants represented by foreign companies such as NVIDIA: "Mr. Fang said, and I agree. The market is large enough to accommodate foreign companies to share a piece of the pie, but there is a prerequisite. You have to be compatible with us according to the standards we set, not us being compatible with you."

When this was said, many domestic manufacturers present were stunned. They were worried about embracing the MHAC ecosystem before, including the large models currently being trained, which also had to be strongly bound to it, meaning that they could only use Matrix Quantum's AI computing chips, and the production capacity was definitely not enough, and Matrix Quantum itself would have to eat up 70%.

But if international hardware manufacturers such as NVIDIA can be compatible, it is also possible to use hardware provided by manufacturers such as NVIDIA and AMD.

At this time, a foreigner at the meeting looked at Chen Yu in shock after listening to the translation and said, "What?"

Just when he was about to speak further, Chen Yu immediately raised his hand towards him and spread his five fingers and pressed back. The other party was about to speak but was forcibly held back by his gesture. Chen Yu looked at him and immediately said, "Friend, times have changed. I hope you can see the current situation clearly..."

Chen Yu can speak fluent English but he is speaking Chinese now. Several foreigners present hurriedly put on translators.

At this moment, Chen Yu said slowly with a calm expression: "What our President Fang said on social media the other day was already straightforward enough. You don't think you can still hold us back, do you? To put it bluntly but very honestly, I am giving you a meal now. If you don't want to eat, just leave. We can still do it without the participation of your foreign companies. If the production capacity of Matrix Quantum is not relatively difficult compared to market demand, you may not be able to eat this meal."

"If you don't participate, it will be at most one or two years slower for us. We It is not necessary to complete the goal in 2025. It is completely acceptable to delay it to 2027. I have said so much just to tell you a fact. The market is here, the demand is here, our technology is not bad, and we will soon catch up with you or even surpass you. At this table, the chips in your hands have no bargaining power, so if you want to eat this meal, you have to follow the new standards I set. Negotiate? No negotiation! "

After listening to the translation, the faces of several foreigners present were all livid, and their faces were full of anger, but they dared not speak.

Because what Chen Yu said was basic facts, and facts speak louder than words.

At the same time, the CEOs of various domestic manufacturers who attended the meeting did not say a word, and looked at each other. Chen Yu's words still echoed in their minds for a long time without dissipating. Their expressions were calm, and deep in their hearts they were already shouting "good guy"!

Said so directly, so bluntly? Are you too lazy to even pretend?

Putting aside the issue of interests, from a personal emotional point of view, the CEOs of the mainland manufacturers present at this moment are also extremely refreshed and happy.

Especially seeing the expressions of those foreigners with livid faces and hesitant expressions, they feel inexplicably happy.

In the past, when facing these foreigners, they had to endure their arrogance, spend money and act like grandsons, and worry that they would ignore them. Don't mention how aggrieved they were, but they had to endure it.

In a sense, Chen Yu helped them regain some of the dignity they had lost. Seeing them being humiliated is indescribably refreshing, more refreshing than earning hundreds of millions.

At this moment, Chen Yu suddenly turned to look at the CEOs of the mainland manufacturers present and said with a smile: "You don't have to worry about the problem of insufficient supply of Matrix Quantum's production capacity. The production capacity can be expanded 24 hours a day. On the other hand, Matrix Quantum will not occupy all the existing production capacity. It will distribute 30% of the storage computing resources to all the friendly companies present in a ratio of 70% to 30%. "

Chen Yu said with a smile: "I am willing to take the initiative to give up some market share to foreign companies. If they don't want to eat, then I can only share it with the friendly companies present with tears. I think all the friendly companies are also willing to eat more."

As he said, Chen Yu spread his hands and shrugged. Except for a few foreigners, everyone at the meeting laughed softly.

Who wouldn't be happy to eat more shares?

Faced with Chen Yu's arrogant attitude, he didn't give him any face at all. The few foreigners present did not show any intention of clapping their hands and leaving the table in anger. They still sat in their original positions without moving.

It's not that they don't want to leave, but they can't leave.

As an industry insider, it is clear that losing such a large market share will bring a series of negative effects. Losing such a large market share means losing a large amount of revenue, corporate profits will decline, R\u0026D expenses will be reduced, and technological progress will inevitably be dragged down, and eventually it will enter a vicious cycle of negative feedback over time.

Local companies in the Greater China market have higher revenues, a surge in corporate profits, and increased R\u0026D expenses, and technological iteration progress will inevitably accelerate. This is a positive feedback mechanism.

Again, the chip sales in the Greater China market account for 66% of the world's total, and it is the largest "financial sponsor" of North American semiconductor manufacturers. They cannot afford to lose this market. It's that simple.

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